Published 1 year ago

California lawmakers OK potential fines for high gas prices

Summary by CTV News

California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation’s most populous state last summer.

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The Guardian

Landmark law lets California fine oil companies over price gouging at the pump

After record high gas prices in 2022, state will now have access to information from gas companies to determine if prices are fair

1 year ago·London, United Kingdom

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CTV News

California lawmakers OK potential fines for high gas prices

California lawmakers on Monday approved the nation's first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that plagued the nation's most populous state last summer.

1 year ago·Canada

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Associated Press News

California lawmakers OK potential fines for high gas prices

California lawmakers have approved the nation's first penalty for price gouging at the pump. The state Assembly passed a bill on Monday that would empower state regulators to punish oil

1 year ago·United States

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abc News

California lawmakers OK potential fines for high gas prices

California lawmakers have approved the nation's first penalty for price gouging at the pump

1 year ago·United States

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KRDO

California lawmakers OK potential fines for high gas prices

By ADAM BEAM Associated Press SACRAMENTO, Calif. (AP) — California lawmakers have approved the nation’s first penalty for price gouging at the pump. The state Assembly passed a bill on Monday that would empower state regulators to punish oil companies for profiting from price spikes. The bill now heads to Gov. Gavin Newsom, who has said he will sign it into law. The bill is in response to a price spike last year that saw the average price for a …

1 year ago·Colorado Springs, United States

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